Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Solo Brands Inc’s stock clocked out at $0.14, down -9.94% from its previous closing price of $0.16. In other words, the price has decreased by -$9.94 from its previous closing price. On the day, 1.08 million shares were traded.
Ratios:
To gain a deeper understanding of DTC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.23.
On January 10, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $12 to $4.
Citigroup Downgraded its Buy to Neutral on January 10, 2024, whereas the target price for the stock was revised from $10 to $4.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 12 ’24 when METZ CHRISTOPHER T bought 134,826 shares for $1.30 per share. The transaction valued at 175,274 led to the insider holds 500,000 shares of the business.
METZ CHRISTOPHER T bought 115,174 shares of DTC for $149,530 on Aug 09 ’24. The President & CEO now owns 365,174 shares after completing the transaction at $1.30 per share. On Jun 11 ’24, another insider, METZ CHRISTOPHER T, who serves as the President & CEO of the company, bought 52,366 shares for $1.94 each. As a result, the insider paid 101,721 and bolstered with 152,366 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.06.
Stock Price History:
Over the past 52 weeks, DTC has reached a high of $2.57, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -72.54%, while the 200-Day Moving Average is calculated to be -88.24%.
Shares Statistics:
A total of 58.80M shares are outstanding, with a floating share count of 27.70M. Insiders hold about 53.20% of the company’s shares, while institutions hold 21.67% stake in the company.
